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International Trade

   
     
 

Port of New York/New Jersey
Total Economic Impact to the Region

July 2014 Report

 
     
  Use Direct
Jobs
Total
Jobs
(In millions of 2015 dollars)  
  Personal Income Business Activity State &
Local
Taxes
Federal Taxes
Revenue
Total
Taxes
Revenues
 
  Bulk
2,789
9,851
$748.3 $2,813.6 $117.5 $184.6 $302.1  
  Breakbulk
149
440
$33.7 $119.0 $5.1 $8.0 $13.1  
  Roll-On/Roll-Off
1,160
2,996
$212.4 $710.7 $29.9 $50.3 $80.2  
  Container
26,041
61,103
$4,205.9 $13,306.2 $549.4 $961.0 $1,510.4  
  Cruise
3,485
5,030
$287.0 $731.6 $53.4 $59.2 $112.6  
  Warehousing
131,879
206,613
$11,390.8 $24,986.2 $1,071.2 $2,519.9 $3,591.1  
  Freight Forwarding
10,011
17,051
$1,170.8 $2,295.2 $127.1 $225.7 $352.8  
  Headquarters & Other Maritime
Functions
6,000
15,249
$1,346.8 $4,083.6 $185.4 $301.1 $486.5  
  Government
2,751
5,215
$430.7 $1,031.2 $35.5 $92.0 $127.5  
  Insurance
3,073
6,934
$704.2 $1,729.3 $93.3 $156.3 $249.6  
  Banking
2,730
6,117
$690.3 $1,665.3 $78.5 $151.3 $229.8  
  Total
Economic Impact
190,067
336,599
$21,220.9 $53,471.9 $2,346.3 $4,709.4 $7,055.7  
     
  Notes:
Data is based on economic impact generated in 2014. Total impacts include direct, indirect and induced effected.
 
     
     
 

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Source:
New York Shipping Association- Economic Impact Study

 
Baruch College Weissman Zicklin School of Business NYCdata